The Retirement Learning Lab, with Van Richards, ChFC®

Daily Stock Analysis – GE has strong cash flow, but will the winter storms affect renewables?

February 23, 2021 Van Richards, ChFC® Season 1 Episode 15
Daily Stock Analysis – GE has strong cash flow, but will the winter storms affect renewables?
The Retirement Learning Lab, with Van Richards, ChFC®
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The Retirement Learning Lab, with Van Richards, ChFC®
Daily Stock Analysis – GE has strong cash flow, but will the winter storms affect renewables?
Feb 23, 2021 Season 1 Episode 15
Van Richards, ChFC®

GE was once one of the largest companies in the world. They have lost about two-thirds of their value since 2015. But their turnaround is looking good. They have a strong cash flow.  They are also one of the largest manufactures of wind turbines used in the State of Texas. How will the recent winter storms affect their future? That is what I am talking about today on the Daily Stock Analysis.

Listen, learn, & subscribe If you'd like to view this episode or previous episodes, visit https://youtube.com/c/richardsfinancialplanning #alternativeenergy #energy #aviation

Additionally, if you are in Texas and you're frustrated with your personal financial growth, I have a new program for that called the Prosperous Planning Process. Learn more about turning a lack of financial control into abundance at https://richardsfinancialplanning.com/

 

One last point from our sponsor, Advice4LifeInsurance.com.  If you need life insurance, you can find the best life insurance at the lowest price in less than five minutes.  Visit their website at https://www.advice4lifeinsurance.com

Not an official GE video. For educational purposes only. Not an offer to buy or sell any stock or an offer of advice. 

 

At the end of the video, please read the disclosure. Or at the end of the podcast, please listen to the disclosure for Richards Financial Planning, LLC.

References from today's show:

Thanks to Macroaxis for the chart on GE's capitalization: https://www.macroaxis.com/invest/financial-statements/GE/Market-Capitalization

Department of Energy Order No. 202-21-1 https://www.energy.gov/sites/prod/files/2021/02/f82/DOE%20202(c)%20Emergency%20Order%20-%20ERCOT%2002.14.2021.pdf

'Winners and losers': Who will end up footing bill for spiking electricity prices in Texas?

https://www.bizjournals.com/dallas/news/2021/02/17/ercot-electricity-prices-retailers-consumers.html

 

 

GE 2020 Annual Report  https://www.ge.com/sites/default/files/GE_AR20_AnnualReport.pdf

Texas Blackout Boosts Australian Bank by Up to $215 Million https://www.wsj.com/articles/texas-blackout-boosts-australian-bank-by-up-to-215-million-11613997617?st=q92l187grj7li5f&reflink=article_email_share

For more information on Morningstar, visit Morningstar.com (Morningstar is not a sponsor)

GE Stock Can Hit $15, Says Goldman. It's the Highest Call on Wall Street. https://www.barrons.com/articles/ge-stock-can-hit-15-says-goldman-its-the-highest-call-on-wall-street-51614009185?adobe_mc=MCMID%3D71205814629448003322333981478554029426%7CMCORGID%3DCB68E4BA55144CAA0A4C98A5%2540AdobeOrg%7CTS%3D1614057901&adobe_mc=MCMID%3D71205814629448003322333981478554029426%7CMCORGID%3DCB68E4BA55144CAA0A4C98A5%2540AdobeOrg%7CTS%3D1614112780

 

Show Notes

GE was once one of the largest companies in the world. They have lost about two-thirds of their value since 2015. But their turnaround is looking good. They have a strong cash flow.  They are also one of the largest manufactures of wind turbines used in the State of Texas. How will the recent winter storms affect their future? That is what I am talking about today on the Daily Stock Analysis.

Listen, learn, & subscribe If you'd like to view this episode or previous episodes, visit https://youtube.com/c/richardsfinancialplanning #alternativeenergy #energy #aviation

Additionally, if you are in Texas and you're frustrated with your personal financial growth, I have a new program for that called the Prosperous Planning Process. Learn more about turning a lack of financial control into abundance at https://richardsfinancialplanning.com/

 

One last point from our sponsor, Advice4LifeInsurance.com.  If you need life insurance, you can find the best life insurance at the lowest price in less than five minutes.  Visit their website at https://www.advice4lifeinsurance.com

Not an official GE video. For educational purposes only. Not an offer to buy or sell any stock or an offer of advice. 

 

At the end of the video, please read the disclosure. Or at the end of the podcast, please listen to the disclosure for Richards Financial Planning, LLC.

References from today's show:

Thanks to Macroaxis for the chart on GE's capitalization: https://www.macroaxis.com/invest/financial-statements/GE/Market-Capitalization

Department of Energy Order No. 202-21-1 https://www.energy.gov/sites/prod/files/2021/02/f82/DOE%20202(c)%20Emergency%20Order%20-%20ERCOT%2002.14.2021.pdf

'Winners and losers': Who will end up footing bill for spiking electricity prices in Texas?

https://www.bizjournals.com/dallas/news/2021/02/17/ercot-electricity-prices-retailers-consumers.html

 

 

GE 2020 Annual Report  https://www.ge.com/sites/default/files/GE_AR20_AnnualReport.pdf

Texas Blackout Boosts Australian Bank by Up to $215 Million https://www.wsj.com/articles/texas-blackout-boosts-australian-bank-by-up-to-215-million-11613997617?st=q92l187grj7li5f&reflink=article_email_share

For more information on Morningstar, visit Morningstar.com (Morningstar is not a sponsor)

GE Stock Can Hit $15, Says Goldman. It's the Highest Call on Wall Street. https://www.barrons.com/articles/ge-stock-can-hit-15-says-goldman-its-the-highest-call-on-wall-street-51614009185?adobe_mc=MCMID%3D71205814629448003322333981478554029426%7CMCORGID%3DCB68E4BA55144CAA0A4C98A5%2540AdobeOrg%7CTS%3D1614057901&adobe_mc=MCMID%3D71205814629448003322333981478554029426%7CMCORGID%3DCB68E4BA55144CAA0A4C98A5%2540AdobeOrg%7CTS%3D1614112780